Press release
Government approves increase in the National Minimum Wage from 1st January 2021
From Department of Social Protection
Published on
Last updated on
From Department of Social Protection
Published on
Last updated on
Minister for Social Protection, Heather Humphreys TD, has today secured Government approval to increase the National Minimum Wage to €10.20 per hour from 1 January 2021.
This represents a 10 cent increase on the current National Minimum Wage of €10.10 per hour.
Two reports by the Commission in relation to the National Minimum Wage will be published shortly.
Commenting on today’s decision, Minister Humphreys said:
“Since 2016, the national minimum wage has increased from €8.65 per hour to its current rate of €10.10. Today, Government approved a further increase to €10.20 which will come into effect on 1st January 2021. This will benefit 122,000 low-paid workers.
“I also want to ensure that the increase in the minimum wage does not result in employers having to pay a higher level of PRSI charge solely due to this increase. I will make regulations that will increase the employer PRSI threshold from €395 currently to €398 from 1 January 2021.”
Minister Humphreys continued:
“The Low Pay Commission plays an important role in improving data collection on low paid and minimum wage workers and developing a strong research base on issues surrounding the minimum wage. I would like to thank the membership of the Commission for their work this year, as well as the work it has carried out since its foundation.”
ENDS